EverSource Wealth Advisors LLC Has $1.82 Million Position in Capital Group Dividend Value ETF (NYSEARCA:CGDV)

EverSource Wealth Advisors LLC increased its position in Capital Group Dividend Value ETF (NYSEARCA:CGDV) by 19.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 57,462 shares of the company’s stock after acquiring an additional 9,478 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Capital Group Dividend Value ETF were worth $1,823,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. DAVENPORT & Co LLC increased its position in Capital Group Dividend Value ETF by 9.9% during the 4th quarter. DAVENPORT & Co LLC now owns 61,182 shares of the company’s stock valued at $1,826,000 after purchasing an additional 5,528 shares during the period. Private Trust Co. NA increased its position in Capital Group Dividend Value ETF by 92.6% during the 4th quarter. Private Trust Co. NA now owns 18,583 shares of the company’s stock valued at $555,000 after purchasing an additional 8,937 shares during the period. Tempus Wealth Planning LLC acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at approximately $357,000. International Assets Investment Management LLC acquired a new stake in Capital Group Dividend Value ETF during the 4th quarter valued at approximately $80,340,000. Finally, Barrett & Company Inc. increased its position in Capital Group Dividend Value ETF by 34.9% during the 4th quarter. Barrett & Company Inc. now owns 12,825 shares of the company’s stock valued at $383,000 after purchasing an additional 3,317 shares during the period.

Capital Group Dividend Value ETF Trading Down 1.8 %

NYSEARCA:CGDV traded down $0.62 on Friday, reaching $33.98. 1,947,294 shares of the stock traded hands, compared to its average volume of 1,613,924. The firm has a market capitalization of $7.74 billion, a price-to-earnings ratio of 22.38 and a beta of 0.92. The company’s 50 day moving average is $33.50 and its 200-day moving average is $32.23. Capital Group Dividend Value ETF has a 1-year low of $25.47 and a 1-year high of $35.28.

Capital Group Dividend Value ETF Company Profile

The Capital Group Dividend Value ETF (CGDV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that primarily invests in stocks of dividend-paying, large- and mid-cap US companies. The fund seeks to produce income exceeding the average yield on US stocks.